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Asian stocks eked out modest gains at the open after a mixed U.S. session ahead of midterm elections.

Equities climbed in Japan, Australia and South Korea, while Hong Kong and China futures also tipped gains. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, rose 0.4 percent to 10,600 as of 7:20 a.m.

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The Government of India reduced its stake in Coal India by 3.19 percent to make its holding stand at 75.13 percent of the equity share capital of the company.

Fortis Healthcare said the group was able to continue as going concern on positive cash flow. They also added that approvals were in place for the Rs 4,000 crore fund infusion from IHH Healthcare. (Bloomberg News)

HCL Tech tied up with Deutsche Bank to provide digital cheque processing platform to the bank.

Wipro tied up with Check Point Software to offer cloud solutions to the company.

Jet Airways said that a media report on TATA buying stake in the company is speculative in nature. (Bloomberg News)

Godrej Agrovet: Adi Godrej stepped down from non-independent director position citing personal reasons while Pirojsha Godrej gets appointed as additional director. Both actions were effective from Nov. 5.

Bank of Baroda increased its MCLR by 10 basis points across various tenors with effect from Nov. 7. Overnight MCLR was at 8.15 percent and One Year MCLR at 8.65 percent.

Indo Count Industries said that workers at its spinning unit in Maharasthra had resorted to illegal strike from Nov. 4 due to higher demand of bonus.

Hindustan Construction board approved a rights issue of Rs 500 crore. The meeting to decide details of the rights issue will be undertaken by the Rights Issue Committee on Nov. 12.

Minda Industries board approved investment setting up of manufacturing plant of controller and telematics for two-wheelers and four wheelers in Maharashtra for supplies to OEMs. The total investment for this project is pegged at Rs 76.52 crore.

Bodal Chemicals said that the majority of Dye Intermediate operations had restarted.